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that says maybe you should move back into tech and out of some of those defensive consumer areas. >> we're not there. we've been advocating what we've been calling stocks with bond-like characteristics for better part of two years and we really pressed that at the beginning of this year. we are not ready to make that change. if through earnings season and as we get into the full april data set you really were to see a significant correction, probably in the overall market but certainly in those capital spend sensitive sectors, then you might get a window to do it. but we would not be doing that today. >> obviously, barry, then the alternative might be to continue to buy some of these defensive names and we see them at the top of the list today. the verizons and pepsis. don't you run into a valuation question there? how expensive do they get when even they are not a good alternative? >> we don't think valuation matters a whole lot for those stocks. we think it is more about the huge tentacle created by fed buying and now bank of japan. some of that buying weakened into the u.s. this is t
.i.t. technologies cut across every sector of our economy and our national defense infrastructure. our relatively modest 20-year investment in nitr-d programs has contributed immeasurably to our economic and national security by enabling innovation and job creation in the n.i.t. and providing american students with the skills to fill these jobs. let's re-authorize this program today and ensure that it remains strong. i want to thank my friend, mrs. lummis, for reintroducing a bipartisan bill once again in this congress and i also would like to thank my staff and in sokolo for their hard work on this bill and i urge my colleagues to support h.r. 967 and reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves, the gentleman from texas is recognized. mr. smith: i yield five minutes to mrs. lummis the sponsor of this legislation and who chairs the subcommittee of the science, space and technology committee. the speaker pro tempore: the gentlewoman from wyoming is recognized for five minutes. mrs. lummis: thank you, mr. speaker. i want to start by thanking chairman smith and
, tinto or cliffs natural resources were also weak. defensive names like walmart were also done, but fared better. the main catalyst for the sell off was concerns about slower global growth. china reported gdp for the first quarter below expectations. with europe in recession, trader rs now worried where is the growth going to come from. i'm bob pisani at the new york stock exchange. >> as bob just mentioned, the price of gold plunged today, recording its second worst loss ever and closing below $1400 an ounce for the time in more than two years. today was the first time ever that the dow and price of spot gold both recorded triple digit losses. why is selloff and what may be next for the precious metal? jackie deangelis has our report. >> another massive selloff in the gold market today, but what's fuelling the fur rouse rotation? several factors are at play including the continued strength in the equity market. gold had lost its luster, but gold is also an inflation hedge and as long as the fed continues with its stimulus program, investors believe inflation is likely to remain in check.
they are now looking for two suspects. >>> secretary of defense chuck hagel arrived in israel on sunday for a week-long visit to the middle east. speaking in jerusalem, the secretary said the u.s. agenda is focused on deterring iran and hagel also reiterated what he called the very special relationship between the united states and israel. >>> less than a week after the boston marathon bombings, a chicago teenager has been picked up for attempting to join a syrian jihadist military group. the fbi arrested 18-year-old abdella ahmad tounisi on charges of attempting to provide material support to a foreign terrorist organization. >>> five people were killed in arizona over the weekend when their van flipped while being chased by border control agents. 22 people were in the suv at the time of the crash. >>> the search continues for survivors of last week's devastating earthquake in china. the government has so far confirmed more than 150 deaths and some 11,000 injured. >>> engines start. liftoff for the mission to mars. >> cool stuff. it was a successful launch sunday for a new rocket carry
, requires the inspectors general of the intelligence community, departments of justice and defense, as well as the privacy and civil liberties board to submit a report to congress every year regarding the use of the information shared with the federal government. this amendment asks the inspector general of the department of homeland security to list enspectors general required to submit the report. it also adds the house and senate committee on homeland security to the list of committees that will receive the report. currently only the house and senate intelligence committee will receive the report. having the department of homeland security as a department included in this reporting requirement adds one more layer to this accountability. allow me to talk about the overall bill and why it has my support. i believe we need a 21st century solution for this 21st century problem. i have heard from businesses and constituents in arizona with firsthand knowledge of this issue. it's affecting both large corporations and small businesses alike. our national security, our financial security, are un
challenges in trimming the defense budget has this program is in some ways singular in terms of its cost overrides, it's delays in the way it's been structured to as a right and a piece, it's most effective defense advocate will not be all of its radars and sensors and missiles and stealth technology and ability to fly at superfast. it may be the way it's designed to avoid coverage in washington. >> german finance minister wolfgang schauble was in washingtwashingt on today. he said he expects the european economy to begin improving in 2014 lead at a slower rate than the united states in developing nations. mr. schauble is attending the g20 finance ministry meetings. from the council on foreign relations, this is an hour. [inaudible conversations] >> be careful. >> ladies and gentlemen i am carla hills. i'm cochair of the council on foreign relations and we are privileged indeed to have with us the honorable wolfgang schauble, a highly experienced german government official who is currently serving as minister of finance. you have his resume and we are running late so to maximize their t
, defense secretary is in israel for the first stop of his week-long mideast trip. it's his first mideast visit as defense secretary. he will talk about serious civil war and the nuclear program. he will talk about u.s. arms deal with israel. this morning israel and the u.s. are both focused on preventing iran from getting a nuclear weapon. and john kerry is wrapping up a trip to istanbul. to push ahead with mideast peace efforts. he also announced a new $100 million aid package that will assist fighters. secretary kerry says the additional money will double the nonlethal assistance to syrian opposition. it will increase aid. secretary kerry says the situation in syria is at a critical moment and the bloodshed needs to stop. the united nations estimates the fighting killed more than 70,000 people and they are asking the syrian president to step down. >>> more than a decade after the september 11 attack on the world trade . crews started sifting through the debris at the beginning of the month. since then, more than two dozen human remains have been found. more than 2700 people died at the
is investors chasing the most defensive areas, when you see coca-cola and general mills and these great companies and that's the leadership area of the market, that doesn't express global growth. we want to show those, the energy names and that's real in this country and that's not going to get the respect. the housing recovery is real and it's not going to get that respect and we need to show that is the future of the economy and to do that, the economy will stand on its own two feet and otherwise it will be renters of stocks and not buyers of stocks and they'll believe that the fed is propping up the market and the market can't stand on its own two feet. what should we do? what is an investor to do now? sure, again, the volatile that's crept out of the market can be an opportunity for investors and if we look at what's been left behind in this rally and we talk about something like energy. if you believe the global growth story is real and some of the industrial names that are down in sympathy with gold and that's where an opportunity lies and if you look at the miners and the industr
addressed the the media calling defense be tried in open court, as adults. >> they consider the home situation of the minor. the consider whether the minor is going to school are they truant, what type of stability they have. the court will consider all these factors that make a decision and determining whether they should remain in juvenile hall pending the case. >> >> the family addressed the media with their attorney calling the defense be tried in open court as adults. that decision could take up to a month. >> vandalism incidents in san jose appear to be connected. at&t announced a $250,000 reward for a formation that will lead to an arrest a suspect or suspects response overcutting at&t fiber-optic cables. >> this is video from our helicopter partnership with abc seven news. it shows that pg&e substation of metcalf road which was started by government of before 2:00 to the morningg. >> santa clara county sheriff's laurie smith says just prior to that someone cut at&t fiber optic cables affecting 911 emergency phone service in the south bay. an oil leak caused by the gunfire, ha
disarmament. the reaganites in the defense department were horrified by this and put a stop to it but reagan didn't go all the way with reaganism when he had a chance to end the cold war, especially the nuclear threats. so it's a hard-core republican belief. if you remember the pup pup prime -- republican primaries of 2012, it was not that long ago there were eight or ten republican candidates in simi valley for a debate at the reagan library and every one of them said reagan set the example how maring be strong, reagan did with the soviet union and we should do it today in iran, we should do it -- we were right toy trite in iraq. america should use its power to achieve its spend destroy its enemies. i worked in the cold war and in the middle east. you have 29% of the american people agree with that today. >> richard, do you want to say something? you're leaning forward. >> no. >> okay. we want to take questions from the audience if anybody has a question, and i think there's a microphone somewhere that someone is going to bring up. why don't we start right up here on the aisle, blue shirt.
cold war world. he set up -- he set up a defense structure that cold war started with harry truman and ended with ronald reagan. and now he's considered one of the near great presidents. >> i've always found it fascinating how in realtime we build up and tear down presidents. historians do the same thing. there was a time period 20 or 30 years when historians were giving truman not much credit and there was some revisionism in the late '90s. and we've seen it with grant, with polk, we'll see it with other presidents. >> right. and you look at george bush and 30, 40 years from now, obviously our pearl harbor is 9/11. and a lot of people, historians going to say america wasn't attacked again during the rest of his term over the next seven years. and painted in broad colors, broad strokes, he's going to be judged first and foremost for that. >> what's going on in the aftermath of boston. barack obama has to start worrying about his legacy and isn't going to be enough. does he want his legacy to be i failed? are there going to be any excuses big enough for history. he's got to figure o
the overall challenges of trimming the defense budget. this program is in sularecause , delays, and the weight has been structured. -- weight has been structured. it's most defensive effective attribute may not be all of its radars and since ours -- sensors and missiles. it may well be the way it's been designed to evade budget cutters in washington. sunday at 8:00 on c-span q&a. >> earlier today postmaster general donahoe spoke at the national press club, speaking about postal reform ahe saturday delivery. here's what he had to say. >> congress faces a simple choice. give the organization the flexibility to operate more effectively. in case you're wondering what that cost might be, the cost of ,ropping up our broken model including resolving all the debts and the false we currently can't afford to pay, might be in the neighborhood of $58 billion trade that's just through 2017. it would be completely unnecessary. it may shock you to learn that the postal service could be profitable today, and in the long-term future. we just need to operate differently. i'm optimistic. i'm optimistic that cong
in military presence. reports from china's defense ministry says the strategy is changing the region in favor of japan, philippines and vietnam. >>> "the washington post" looks at a sweeping immigration deal reached by a group of democratic and republican senators. the bill offers millions of illegal immigrants a chance to be citizens. it also creates tens of thousands of new visas for foreign workers in low skilled jobs. >>> "the los angeles times" says the gun control bill face as tougher road in the senate. the proposal from senators joe manchin and pat toomey would extend background checks for gun sales. officials say it does not yet have the votes to be added to a larger piece of gun legislation. a vote on the amendment is not expected until at least tomorrow. >>> the"wall street journal" says gold prices have hit a two-year low. it was the largest one-day loss in 30 years. >> "the new york times" reports on the pulitzer prizes. newspaper won four yesterday. the others include an independent nonprofit organization called inside climate news. it won the price for national reporting for it
challenges of terming the defense budget. this program is in someway singular in terms of its costs and delays in the way it has been structured. as i write in the piece, it's most effective defense attribute may not be all of its radars and sensors and missiles and stealth technology and ability to have -- it might be the design to evade budget covers from washington. washington post senior correspondent sunday at 8 p.m. on c-span's "q&a." >> secretary of state john kerry and mexican foreign secretary spoke to reporters following the meeting in washington. they expressed condolences for the people of boston. the two leaders met to discuss u.s.-mexico relations, immigration reform, and president obama's trip to mexico next month. >> good morning, everybody. before we begin, i want to just say that as a father and grandfather, my thoughts are of course in my hometown right now, boston, where events are still unfolding and the entire city is on lockdown. we are continuing to learn every moment about the attack on monday and the pursuit of justice following it. it is fair to say that t
defense systems to guard against any miscalculation on their part. >> on the budget, is this your last best final offer to republicans? >> what i tried to do is put forward a budget that i think is a realistic compromise. >> would you go farther on entitlement cuts? >> it does not give republicans everything they want, frankly it doesn't reflect everything i would like to see. it puts forward some of the ideas the republicans had suggested around entitlement reform that i think are reasonable policy. >> they say it's not enough and it's not enough to make a deal, would you go farther? >> i think that before we go anywhere, right now we've got to see from republicans what exactly is it that they want to do. i mean, when they say they want to go farther, what do they want to do? what are they putting on the table. >> you've got democrats a little mad at you, too, saying you've cut social security and medicare and now this is going to come back and haunt them in their races. >> part of what we have to think about, whether we're democrats or republicans is how do we create a system where o
to be handed to this defendant's defense attorney when that time comes. there have been contradictory statements made that there is no public threat, there is no ticking bomb, thank goodness, apparently, based on what we know so far. so we're giving them an argument to use later. >> the issue is, the questioning that's permitted without miranda is very narrow in scope, correct? >> yes. it's about what the public threat is. it's not all of theasis and the background and the motive questions. >> that's what brings me to this issue that's percolating in washington now. there are some national security republicans who say we should treat this suspect not as a criminal suspect but as an enemy combatant so there could be a more wide range in the interview. >> enemy combatant arose in times of war. when we capture somebody onhe battlefield. as the nature of war has evolved, we're now in a war on rror, some are saying that finition should be changed. but this is an american citizen captured on american soil, an american crime. i don't see him as an enemy combatant. i don't think the cous will
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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